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20121222
20121222
Search Results 0 to 15 of about 16 (some duplicates have been removed)
)'s took a hit today thanks to the fiscal cliff drama the markets tanked after house republicans cancelled the vote. congress the final friday before christmas go without a deal. the dow dropped 120 points. the nasdaq lost 29. the s&p lost 14. adam shapiro of the fox business network. for weeks it's been reported that investors had already figured into the numbers if you will the fiscal cliff. why are we here? >> you mean at the point that we're down on the dow and down today? >> harris: yeah. >> first of all it could have been worse. when you saw the future last night what he would realized there was not going to be a deal in the house investors said it's not going to be good. they pulled back. there is still 10 days. some investors believe that will happen. priced. in big money investors already pulling out of the market. they were selling some of their stocks in anticipation what will be a tax hit for them no matter what. they were getting ready for. this you still have optimism among some investors that there could be a deal. monday is going to be a low volume day. it's a half day of t
with its biggest test yet. >> thanks so much, pete. >>> more now on the gun debate in and the fiscal cliff. joining me is congresswoman diana of colorado. welcome to you, glad to have you join us. >> good morning, alex. >> the nra says the answer to gun attacks is putting police with guns in the schools. you are from colorado and you knee did not work in the columbine attack because there were armed guards will, right? >> right. alex, columbine is in my congressional district and i was in congress when columbine happened. they had would armed guards there. many of the schools already have armed guards. you know, just saying we need to make bigger fortresses of our elementary schools is really an unbelievable and shocking answer to the issue of these assault weapons and these -- the assault magazines. i mean, it is -- it boggles the mind. a lot of us who are gun control advocates had hoped that the nra by taking a few days to think about it would really think it through and let's come to the table. let's really talk about what gun ownership means. and let's talk about the fact that the only
. emily, thank you. besides the fiscal cliff, washington is a buzz. we talk about gun control. there's one big roadblock to getting a new law, national rifle association. the nra has one of the most powerful lobbies in washington and yesterday they set a defiant tone. >> the only way to stop a monster from killing our kids is to be personally involved and invest in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. would you rather have your 911 call bring a good guy with a gun from a mile away or from a minute away? >> the nra has a plan and that plan is to put armed guards in every school and they've called on congress to make it happen. they've even started their own initiative to promote it. cnn national correspondent susan candiotti joins us from new york. not quite what some people had hoped to hear from nra. we were all awaiting this big statement and that's what we got. >> good morning, randi. a lot of people had hoped in the wake of the tragedy at sandy hook elementary school, the nra would offer some concessions and possibly de
. >>> the january 1 deadline to reach a deal on the fiscal cliff is closing in. the president and congress remain just as divided. here i am. and now they're geographically divided, too. cnn's emily schmidt is in the nation's capital this morning. so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to
with no deal. and that's before we talk about the rest of the fiscal cliff implications. >> that's why we're paying such close attention to it. thank you very much for the update this morning. >>> it took a week, but the nra finally responded to the massacre in newtown, connecticut. they promised a, quote, meaningful contribution to stop similar attacks. protesters interrupted the statement twice. what's the plan for the nra? armed guards in schools. why? listen. >> politicians pass laws for gun-free school zones. they issue press releases bragging about them. they post signs advertising them. and in doing so, they tell every insane killer in america that schools are the safest place to inflict maximum mayhem with minimum risk. >> now, i want to show you some of the reactions to the nra's message. michael bloomberg has been critical of the president and congress for not tackling this subject earlier. so what did he say about the nra's plea? quote, a shameful evasion of the crisis facing our country. >>> connecticut congressman chris murphy represents newtown. and here's his tweet after th
-called fiscal cliff with stephen dinan and then we get more comments. first president obama nominating senator john kerry of massachusetts to be the next secretary of state of the united states. and in his announcement the president spoke about john kerry's background in foreign affairs and what makes senator kerry a good nominee to be the next secretary of state. >> john's entire life has prepared him for this role. the son of a foreign service officer. he has a deep respect for the men and women of the state department. the role they play in advancing our interests and values and the risks they take and make in sacrificing their families. and especially our military power. and he knows from personal experience that when we send our troops into harm's way, we must give them a strategy, a clear mission and the resources they need to get the job done. in an extraordinarily distinguished senate career and as chairman of the foreign relations committee, john has played a major role in every foreign policy debate in years. he understands we have to harness all elements of american power and ensure
'll be watching that. >> alexandra, thank you very much. >>> if the u.s. goes over the fiscal cliff, how are america's business leaders going to react? and if they could force the politicians into a deal, what would it include? >>> and later, some legal advice on how previous supreme court decisions might impact new gun laws now under consideration. [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> one thing business owners hate more than just about anything is uncertainty. and if politicians in washington have done anything, it's create the ultimate climate of uncertainty regarding the fiscal cliff. todd mccracken is president of the national small business association. he joins me from washington, d.c. todd, if no deal is reached by the end of the year, a lot of people predict spending will slow down. how will business owners r
for the white house and congress to reach an agreement on the fiscal cliff where millions of americans will be paying the price in their paychecks. but congress is now on holiday recess. and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at a later point. just lay the ground work at this point. we also know before the president left, he talked by phone with house speaker john boehner. he met in person with harry reid, althoug
agree with her. last night's vote showed us the resolving the challenge of the fiscal cliff cannot and will not be done with a partisan vote. it showed us that we must work together in a bipartisan way, he and that we must preclude going over the fiscal cliff, by a balanced agreement that democrats and republicans him support, the president can sign, and that can pass the senate. we should not seek taxes go up on working-class americans. we should not see doctors put a risk in terms of their delivery of services to seniors. we should not see the alternative minimum tax and put at risk. we need to lend confidence to our country. some years ago, he confronted partisan gridlock. newt gingrich and bill clinton got together to reach an agreement it was very controversial. newt gingrich said -- this is october 20, 1998. "i will say to each and every member of this house, unless they have a plan they think can get 218 votes over here, can pass through a filibuster in the senate, and get signed, there is no responsible vote except yes." america expects its congress to get to yes. we are pr
, global economic collapse. and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
but we're just ten days to the fiscal cliff. could these two men end up being the grinches that steal christmas? we'll talk live to republican congressmen about what's stopping the president and the house speaker from reaching a deal. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> we're just ten days away from the country going over the so-called fiscal cliff, automatic tax increases on nearly every american and huge spending cuts to defense and social programs are set to take effect the 1st of january unless the president and congress reach a new budget deal. but most lawmakers have deserted the capital to be home for christmas leaving america teetering on the brink. one of those enjoying christmas back if california is republican congressman tom mcclintock joining us from sacramento, california. you are a tea partier. you're part of the tea party caucus but you supported house
is known for her creative holiday cards. this year's theme is a riff on the fiscal cliff. >>> a million moms plan to march on washington in support of gun control. a survival of gun violence herself and that's coming up and what does that mean when even grover norquist cannot get the gop to march in lockstep. does this mean the republican party is in disarray? our war room has more on that. ♪ ♪ ♪ clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> hi richard
. boehner's plan b gimmick failed big time last night at this point a fiscal cliff deal with boehner's members would probably require divine intervention. >> how we get there, god only knows. but all i've done is -- eric and i and our team here are committed to working with our colleagues on both sides of the aisle, both sides of the capitol and the white house to address it. >> after a day with dealing with humiliation, boehner hit the gavel and sent his members home for the holidays. there will be no deal this weekend. then boehner took the walk of shame out of the capitol. it's unclear whether he will be the speaker in the new year. it was the same sad walk many house members took last night when they couldn't get their own folks to vote on boehner's plan b. republican leaders can't strike a deal with their own members. how will they strike one with the president of the united states? boehner was scrambling for excuses today. >> you know, one of my colleagues the other night had an analogy of 100 people drowning in a pool and that he was a lifeguard. and because he couldn't save a
what's the deal with the fiscal cliff? coming up, "weekends with alex witt."
Search Results 0 to 15 of about 16 (some duplicates have been removed)